ariajalali
lvl.1
United States
Offline
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its not illegal. its shady to claim its 'in stock' but i think what you're referring to is a concept called "pre-order" .....
other examples would be like..... a kickstarter?
ps @sdchew - no, because they still OWN that futures contract or CDO. they do HAVE it, they can call on it at any moment - just because you can't physically see it, does not mean a derivative does not exist. Don't be financial-phobic hehe |
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